Ireland takes centre stage with €6bn syndication

By Burhan Khadbai
08 Apr 2020

It was all eyes on Ireland in the eurozone government bond market this week, as the sovereign printed one of its biggest deals with a record-breaking order book.

On Tuesday, leads Bank of AmericaBarclays, Cantor Fitzgerald, Danske BankGoldman Sachs and JP Morgan priced a €6bn May 2027 bond for Ireland at a spread of mid-swaps plus 32bp, 3bp inside of guidance, with a yield of 0.242%.

The final book reached over €33bn, far exceeding Ireland’s previous ...

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